The sellers of the property we are hoping to buy have instructed a conveyancing practitioner in Snaresbrook who has insisted on a exclusivity agreement with a down payment 6,000. Are such agreements sensible?
This type of contract isn't common in Snaresbrook, conveyancers are often inclined to veer clients away from them as they detract from focusing on the primary focus, namely conveyancing and if you end up having your deposit forfeited then the solicitor is left exposed. Furthermore, there is no assurance that just because the vendor has signed an exclusivity agreement they will complete the sale with you. They may be in contravention of the contract if they receive a large enough incentive to do so because a wronged buyer with the benefit of a exclusivity agreement will still be duty bound to show losses as a consequence of the breach and these may not equate the financial upside that your vendor may secure by breaking the contract, no matter how morally reprehensible that may be.
Finally the sale completed on my house in Snaresbrook last February but our buyer keeps SMS messaging me to say their conveyancer needs to hear from myconveyancer. What should my lawyer have done now that I have sold?
After completion of your house sale your lawyer should deliver the transfer deeds and all additional paperwork to the purchaser's conveyancer. Where appropriate, your lawyer should also confirm that the home loan has been repaid to the buyers conveyancers. There are no post completion requirements peculiar conveyancing in Snaresbrook.
Having invested time reviewing mumsnet.com for an affordable solicitor in Snaresbrook, most comment that I must look for a CQS accredited lawyer. Can you explain what CQS is?
The Law Society's Conveyancing Quality Scheme is the recognised quality mark for legal experts in the legal transfer of properties, trusted by some of the UK's leading banks. In 2011-12 the Conveyancing Quality Scheme was officially recognised by the Legal Ombudsman. The scheme does not cover licenced conveyancers. Snaresbrook is one of the numerous areas of the UK where there are Accredited solicitors.
My wife and I are selling our home in Snaresbrook and according to the buyers it appears that there is a risk of it being constructed on contaminated land. Any high street Snaresbrook lawyer would know that there is no such problem. It does beg the question why the buyers are using an online conveyancing firm rather than a conveyancing solicitor in Snaresbrook. Having lived in Snaresbrook for 5 years we know that this is a non issue. Should we get in touch with our local Authority to get clarification that there is no issue.
It sounds as though you may have a conveyancing lawyer already. What do they say? You must enquire of your lawyer before you do anything. It is very possible that once the local authority has been informed of a potential issue it cannot be insured against (a bit like being diagnosed with a serious illness and then taking out life insurance to cover that same illness)
I own a 4 bedroom Georgian house in Snaresbrook. Conveyancing practitioner acted for me and Skipton Building Society. I happened to do a free search for it on the Land Registry database and I saw a couple of entries: one for freehold, another for leasehold with the matching address. I thought I was buying a freehold how can I check?
You need to review the Freehold register you have again and check the Charges Register for mention of a lease. The best way to be sure that you are also the registered owner of the leasehold and freehold title as well is to check (£3). It is not completely unheard of in Snaresbrook and other locations in the country and poses no real issues for owners other than when they sell they have to account for both freehold and leasehold interests when dealing with mortgage companies. You can also question the position with the conveyancing lawyer who conducted the conveyancing.